In the oil and gas industries, coiled tubing refers to a very long metal pipe, normally 1 to 3.25 in (25 to 83 mm) in diameter which is supplied spooled on a large reel. It is used for interventions in oil and gas wells and sometimes as production tubing in depleted gas wells. Coiled tubing is often used to carry out operations similar to wirelining. The main benefits over wireline are the ability to pump chemicals through the coil and the ability to push it into the hole rather than relying on gravity. Pumping can be fairly self-contained, almost a closed system, since the tube is continuous instead of jointed pipe. For offshore operations, the 'footprint' for a coiled tubing operation is generally larger than a wireline spread, which can limit the number of installations where coiled tubing can be performed and make the operation more costly. A coiled tubing operation is normally performed through the drilling derrick on the oil platform, which is used to support the surface equipment, although on platforms with no drilling facilities a self-supporting tower can be used instead. For coiled tubing operations on sub-sea wells a mobile offshore drilling unit (MODU) e.g. semi-submersible, drillship etc. has to be utilized to support all the surface equipment and personnel, whereas wireline can be carried out from a smaller and cheaper intervention vessel. Onshore, they can be run using smaller service rigs, and for light operations a mobile self-contained coiled tubing rig can be used.
The tool string at the bottom of the coil is often called the bottom hole assembly (BHA). It can range from something as simple as a jetting nozzle, for jobs involving pumping chemicals or cement through the coil, to a larger string of logging tools, depending on the operations.
Coil tubing has also been used as a cheaper version of work-over operations. It is used to perform open hole drilling and milling operations. Common coiled tubing steels have yield strengths ranging from 55,000 PSI to 120,000 PSI so it can also be used to fracture the reservoir, a process where fluid is pressurised to thousands of psi on a specific point in a well to break the rock apart and allow the flow of product. Coil tubing can perform almost any operation for oil well operations if used correctly.
The Coiled Tubing Unit market revenue was xx.xx Million USD in 2019, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2020-2025.
Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2020-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to end users of this industry are analyzed scientifically, the trends of product circulation and sales channel will be presented as well. Considering COVID-19, this report provides comprehensive and in-depth analysis on how the epidemic push this industry transformation and reform.
In COVID-19 outbreak, Chapter 2.2 of this report provides an analysis of the impact of COVID-19 on the global economy and the Coiled Tubing Unit industry.
Chapter 3.7 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 7-11 consider the impact of COVID-19 on the regional economy.
The Coiled Tubing Unit market can be split based on product types, major applications, and important countries as follows:
Key players in the global Coiled Tubing Unit market covered in Chapter 12:
NOV
Stewart & Stevenson
Jereh Oilfield Equipment
SERVA
DSTI
TRICAN
Total Equipment And Service
Precise Energy Products
KERUI
CNPC
In Chapter 4 and 14.1, on the basis of types, the Coiled Tubing Unit market from 2015 to 2025 is primarily split into:
Truck Mounted Coiled Tubing Unit
Trailer Mounted Coiled Tubing Unit
Skid Mounted Coiled Tubing Unit
In Chapter 5 and 14.2, on the basis of applications, the Coiled Tubing Unit market from 2015 to 2025 covers:
Mountainous Area
Hills
Desert Area
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 6, 7, 8, 9, 10, 11, 14:
North America (Covered in Chapter 7 and 14)
United States
Canada
Mexico
Europe (Covered in Chapter 8 and 14)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 9 and 14)
China
Japan
South Korea
Australia
India
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 10 and 14)
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Others
South America (Covered in Chapter 11 and 14)
Brazil
Argentina
Columbia
Chile
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Coiled Tubing Unit Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Coiled Tubing Unit
1.3 Scope of The Study
1.3.1 Key Market Segments
1.3.2 Players Covered
1.3.3 COVID-19's impact on the Coiled Tubing Unit industry
1.4 Methodology of The Study
1.5 Research Data Source
2 Executive Summary
2.1 Market Overview
2.1.1 Global Coiled Tubing Unit Market Size, 2015 - 2020
2.1.2 Global Coiled Tubing Unit Market Size by Type, 2015 - 2020
2.1.3 Global Coiled Tubing Unit Market Size by Application, 2015 - 2020
2.1.4 Global Coiled Tubing Unit Market Size by Region, 2015 - 2025
2.2 Business Environment Analysis
2.2.1 Global COVID-19 Status and Economic Overview
2.2.2 Influence of COVID-19 Outbreak on Coiled Tubing Unit Industry Development
3 Industry Chain Analysis
3.1 Upstream Raw Material Suppliers of Coiled Tubing Unit Analysis
3.2 Major Players of Coiled Tubing Unit
3.3 Coiled Tubing Unit Manufacturing Cost Structure Analysis
3.3.1 Production Process Analysis
3.3.2 Manufacturing Cost Structure of Coiled Tubing Unit
3.3.3 Labor Cost of Coiled Tubing Unit
3.4 Market Distributors of Coiled Tubing Unit
3.5 Major Downstream Buyers of Coiled Tubing Unit Analysis
3.6 The Impact of Covid-19 From the Perspective of Industry Chain
3.7 Regional Import and Export Controls Will Exist for a Long Time
3.8 Continued downward PMI Spreads Globally
4 Global Coiled Tubing Unit Market, by Type
4.1 Global Coiled Tubing Unit Value and Market Share by Type (2015-2020)
4.2 Global Coiled Tubing Unit Production and Market Share by Type (2015-2020)
4.3 Global Coiled Tubing Unit Value and Growth Rate by Type (2015-2020)
4.3.1 Global Coiled Tubing Unit Value and Growth Rate of Truck Mounted Coiled Tubing Unit
4.3.2 Global Coiled Tubing Unit Value and Growth Rate of Trailer Mounted Coiled Tubing Unit
4.3.3 Global Coiled Tubing Unit Value and Growth Rate of Skid Mounted Coiled Tubing Unit
4.4 Global Coiled Tubing Unit Price Analysis by Type (2015-2020)
5 Coiled Tubing Unit Market, by Application
5.1 Downstream Market Overview
5.2 Global Coiled Tubing Unit Consumption and Market Share by Application (2015-2020)
5.3 Global Coiled Tubing Unit Consumption and Growth Rate by Application (2015-2020)
5.3.1 Global Coiled Tubing Unit Consumption and Growth Rate of Mountainous Area (2015-2020)
5.3.2 Global Coiled Tubing Unit Consumption and Growth Rate of Hills (2015-2020)
5.3.3 Global Coiled Tubing Unit Consumption and Growth Rate of Desert Area (2015-2020)
6 Global Coiled Tubing Unit Market Analysis by Regions
6.1 Global Coiled Tubing Unit Sales, Revenue and Market Share by Regions
6.1.1 Global Coiled Tubing Unit Sales by Regions (2015-2020)
6.1.2 Global Coiled Tubing Unit Revenue by Regions (2015-2020)
6.2 North America Coiled Tubing Unit Sales and Growth Rate (2015-2020)
6.3 Europe Coiled Tubing Unit Sales and Growth Rate (2015-2020)
6.4 Asia-Pacific Coiled Tubing Unit Sales and Growth Rate (2015-2020)
6.5 Middle East and Africa Coiled Tubing Unit Sales and Growth Rate (2015-2020)
6.6 South America Coiled Tubing Unit Sales and Growth Rate (2015-2020)
7 North America Coiled Tubing Unit Market Analysis by Countries
7.1 The Influence of COVID-19 on North America Market
7.2 North America Coiled Tubing Unit Sales, Revenue and Market Share by Countries
7.2.1 North America Coiled Tubing Unit Sales by Countries (2015-2020)
7.2.2 North America Coiled Tubing Unit Revenue by Countries (2015-2020)
7.3 United States Coiled Tubing Unit Sales and Growth Rate (2015-2020)
7.4 Canada Coiled Tubing Unit Sales and Growth Rate (2015-2020)
7.5 Mexico Coiled Tubing Unit Sales and Growth Rate (2015-2020)
8 Europe Coiled Tubing Unit Market Analysis by Countries
8.1 The Influence of COVID-19 on Europe Market
8.2 Europe Coiled Tubing Unit Sales, Revenue and Market Share by Countries
8.2.1 Europe Coiled Tubing Unit Sales by Countries (2015-2020)
8.2.2 Europe Coiled Tubing Unit Revenue by Countries (2015-2020)
8.3 Germany Coiled Tubing Unit Sales and Growth Rate (2015-2020)
8.4 UK Coiled Tubing Unit Sales and Growth Rate (2015-2020)
8.5 France Coiled Tubing Unit Sales and Growth Rate (2015-2020)
8.6 Italy Coiled Tubing Unit Sales and Growth Rate (2015-2020)
8.7 Spain Coiled Tubing Unit Sales and Growth Rate (2015-2020)
8.8 Russia Coiled Tubing Unit Sales and Growth Rate (2015-2020)
9 Asia Pacific Coiled Tubing Unit Market Analysis by Countries
9.1 The Influence of COVID-19 on Asia Pacific Market
9.2 Asia Pacific Coiled Tubing Unit Sales, Revenue and Market Share by Countries
9.2.1 Asia Pacific Coiled Tubing Unit Sales by Countries (2015-2020)
9.2.2 Asia Pacific Coiled Tubing Unit Revenue by Countries (2015-2020)
9.3 China Coiled Tubing Unit Sales and Growth Rate (2015-2020)
9.4 Japan Coiled Tubing Unit Sales and Growth Rate (2015-2020)
9.5 South Korea Coiled Tubing Unit Sales and Growth Rate (2015-2020)
9.6 India Coiled Tubing Unit Sales and Growth Rate (2015-2020)
9.7 Southeast Asia Coiled Tubing Unit Sales and Growth Rate (2015-2020)
9.8 Australia Coiled Tubing Unit Sales and Growth Rate (2015-2020)
10 Middle East and Africa Coiled Tubing Unit Market Analysis by Countries
10.1 The Influence of COVID-19 on Middle East and Africa Market
10.2 Middle East and Africa Coiled Tubing Unit Sales, Revenue and Market Share by Countries
10.2.1 Middle East and Africa Coiled Tubing Unit Sales by Countries (2015-2020)
10.2.2 Middle East and Africa Coiled Tubing Unit Revenue by Countries (2015-2020)
10.3 Saudi Arabia Coiled Tubing Unit Sales and Growth Rate (2015-2020)
10.4 UAE Coiled Tubing Unit Sales and Growth Rate (2015-2020)
10.5 Egypt Coiled Tubing Unit Sales and Growth Rate (2015-2020)
10.6 Nigeria Coiled Tubing Unit Sales and Growth Rate (2015-2020)
10.7 South Africa Coiled Tubing Unit Sales and Growth Rate (2015-2020)
11 South America Coiled Tubing Unit Market Analysis by Countries
11.1 The Influence of COVID-19 on Middle East and Africa Market
11.2 South America Coiled Tubing Unit Sales, Revenue and Market Share by Countries
11.2.1 South America Coiled Tubing Unit Sales by Countries (2015-2020)
11.2.2 South America Coiled Tubing Unit Revenue by Countries (2015-2020)
11.3 Brazil Coiled Tubing Unit Sales and Growth Rate (2015-2020)
11.4 Argentina Coiled Tubing Unit Sales and Growth Rate (2015-2020)
11.5 Columbia Coiled Tubing Unit Sales and Growth Rate (2015-2020)
11.6 Chile Coiled Tubing Unit Sales and Growth Rate (2015-2020)
12 Competitive Landscape
12.1 NOV
12.1.1 NOV Basic Information
12.1.2 Coiled Tubing Unit Product Introduction
12.1.3 NOV Production, Value, Price, Gross Margin 2015-2020
12.2 Stewart & Stevenson
12.2.1 Stewart & Stevenson Basic Information
12.2.2 Coiled Tubing Unit Product Introduction
12.2.3 Stewart & Stevenson Production, Value, Price, Gross Margin 2015-2020
12.3 Jereh Oilfield Equipment
12.3.1 Jereh Oilfield Equipment Basic Information
12.3.2 Coiled Tubing Unit Product Introduction
12.3.3 Jereh Oilfield Equipment Production, Value, Price, Gross Margin 2015-2020
12.4 SERVA
12.4.1 SERVA Basic Information
12.4.2 Coiled Tubing Unit Product Introduction
12.4.3 SERVA Production, Value, Price, Gross Margin 2015-2020
12.5 DSTI
12.5.1 DSTI Basic Information
12.5.2 Coiled Tubing Unit Product Introduction
12.5.3 DSTI Production, Value, Price, Gross Margin 2015-2020
12.6 TRICAN
12.6.1 TRICAN Basic Information
12.6.2 Coiled Tubing Unit Product Introduction
12.6.3 TRICAN Production, Value, Price, Gross Margin 2015-2020
12.7 Total Equipment And Service
12.7.1 Total Equipment And Service Basic Information
12.7.2 Coiled Tubing Unit Product Introduction
12.7.3 Total Equipment And Service Production, Value, Price, Gross Margin 2015-2020
12.8 Precise Energy Products
12.8.1 Precise Energy Products Basic Information
12.8.2 Coiled Tubing Unit Product Introduction
12.8.3 Precise Energy Products Production, Value, Price, Gross Margin 2015-2020
12.9 KERUI
12.9.1 KERUI Basic Information
12.9.2 Coiled Tubing Unit Product Introduction
12.9.3 KERUI Production, Value, Price, Gross Margin 2015-2020
12.10 CNPC
12.10.1 CNPC Basic Information
12.10.2 Coiled Tubing Unit Product Introduction
12.10.3 CNPC Production, Value, Price, Gross Margin 2015-2020
13 Industry Outlook
13.1 Market Driver Analysis
13.1.2 Market Restraints Analysis
13.1.3 Market Trends Analysis
13.2 Merger, Acquisition and New Investment
13.3 News of Product Release
14 Global Coiled Tubing Unit Market Forecast
14.1 Global Coiled Tubing Unit Market Value & Volume Forecast, by Type (2020-2025)
14.1.1 Truck Mounted Coiled Tubing Unit Market Value and Volume Forecast (2020-2025)
14.1.2 Trailer Mounted Coiled Tubing Unit Market Value and Volume Forecast (2020-2025)
14.1.3 Skid Mounted Coiled Tubing Unit Market Value and Volume Forecast (2020-2025)
14.2 Global Coiled Tubing Unit Market Value & Volume Forecast, by Application (2020-2025)
14.2.1 Mountainous Area Market Value and Volume Forecast (2020-2025)
14.2.2 Hills Market Value and Volume Forecast (2020-2025)
14.2.3 Desert Area Market Value and Volume Forecast (2020-2025)
14.3 Coiled Tubing Unit Market Analysis and Forecast by Region
14.3.1 North America Market Value and Consumption Forecast (2020-2025)
14.3.2 Europe Market Value and Consumption Forecast (2020-2025)
14.3.3 Asia Pacific Market Value and Consumption Forecast (2020-2025)
14.3.4 Middle East and Africa Market Value and Consumption Forecast (2020-2025)
14.3.5 South America Market Value and Consumption Forecast (2020-2025)
15 New Project Feasibility Analysis
15.1 Industry Barriers and New Entrants SWOT Analysis
15.1.1 Porter